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20130113
20130121
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now our economy is growing and our businesses are creating new jobs. we are poised for a good year. if we make smart decisions and sound investments. as long as washington politics and do not get in the way of america's progress. as i sat on the campaign, one component to growing our economy is shrinking our deficit and a balanced and responsible way. for nearly two years now, i have been fighting for such a plan. one that would reduce our deficit by four trillion dollars over the next decade which would stabilize our debt and our deficit and sustain us for the next decade. that would be enough not only to stop the growth of our debt and the size of our economy and make it manageable. education and job training in science and research and all of those things that help us grow. step-by-step, we have made progress towards that goal. over the past few years and signed into law 1.4 trillion dollars in spending cuts. two weeks ago i signed into law more than $600 billion in revenue by making sure the wealthiest americans began to pay their fair share. when you add the money that we will
dan kerman is here to explain. >> when the economy outwith the economy in the dolldrums three years ago, congress created the payroll tax holiday, which cut the payroll tax from 6.2% to 4.2%.for 2011 and 2012. meaning more money in your paycheck to spend to help get the economy going. well that so called holiday expired at the end of last year. meaning your payroll tax goes back up 2% meaning less take home pay. here's what it means. households making between 40 and 50 thousand dollars will see 579 dollars less this year. those making between 50 and 75 thousand dollars will see about 822 dollars less this year. those making between 75 and 100 thousand dollars will pay 1,206 more in tax, or 100-dollars a month the big question is, will this impact the economy? since consumers have less in their paycheck each week, even if it's 25$ a week, will they spend less? some forecasters say definitely. others say we've paid this rate for years and this 2-percent will have little impact over the long term. especially when you consider that middle class tax rates are not going up. >> pam: now th
. >> the recovering the economy and high gas prices are driving record riders ship on bart. >> but the increase in passengers could bring problems as the transit district does not act to increase its capacity and rejuvenate its aging infrastructure. >> bart riders it has increased 6% over last year of the agency only anticipated a rise of about 2%. >> bart officials say to handle growth without dismissing service it needs to, the agency needs to beef up orders new train cars and increase capacity of platforms at the busiest bart stations. >> many of the times by a $18 million over budget and the first year mayor ed lease administration. >> officials say overtime work more than double the salary of some in the employes, with one muni mechanic raking in an extra $160,000. >> employees say a lot of the overtime and for working to get many new train control system operating. >> overall, many as 22 of the city's top 25 overtime wage earners, far outpacing the usual leaders to work in police and fire. >> we now know, the lance the falcons will face off against the san francisco 49ers next sunday. >>
today and santa clara county has the top ranked economy in the nation. in 2011, the south bay was a distant 51st in the country. the san francisco, san mateo, marin region is lumped together and was rated number 36 in the country - up from 57 in 2011. and the east bay is number 155 - up from 168 a year ago. the santa monica based the study. it indicates the south bay claimed the top spot thanks technology industry. >> jacqueline: 60s expected for the weekend in several locations with upper 60s a look outside at the satellite and radar with this area of high pressure. it is driving the storm will to the north. not much rain for the next several days in fact, blue skies and warmer conditions. tomorrow, still chilly. 29 in napa santa rosa. for fairfield, also the 20's and 30's in concord, pleasanton but opera 30's for the bay shore and the south day. 43 in san francisco. 60s in the south bay in cupertino, campbell, milpitas. more low 60s for the inland valleys. 60s in concord, livermore and also 60s for the east bay shore. overall, not three like january. temperatures unseasonabl
workers have jobs. this is a big part of our economy. people feel more and wealthier when their home is doing well. >> let's talk about bowling. to this is dominating the headlines. we have already had japan ground their planes and now york. ethiopia is starting to the ground theirs as well. what is the situation with bowling? >> and boeing is one of those companies that is one of the greatest. they are almost like dale. this is a japanese battery maker and this seems to be the biggest problem. death a a burly cleared the plan is two months ago and worldwide regulators are ground the planes. i do not like this because there's too much of a chance of recalls. short- term, boeing is a risk. but they will not go out of business and the plane will figure out its problems. you probably wil >> thank you rob. we will be visiting with you a began talking about the winners and losers later. the >> we're taking a look at van ness ave. >> we have several spots in the upper 20s. it is clear conditions for most of us perry ed it is patchy frost and the impossibility of black eyes in the north bay
factor for the drop of immigration from latin america may be the bad economy. a man tried to kidnap a three year-old boy and the middle of the mall in the middle of a store. luckily, the mom spotted him and now we have details about who they are looking for. we will be right back. >> looked back as 829 and looking at the weather here is erica. >> it is sunny but kind of hazy. remembered today as a winter spare the air day, no wood burning out loud. a lot of you probably wish you could because we have several cases in the upper 20s. 34 out the door in san francisco and into the afternoon sunny and warm conditions. mid to upper 50s for most of us and the south bay's bats. it will not be as cold as the past couple of nights. as we transition into the weekend we will have full details on what to expect in my next report. 830 and let's check back with george. >> not tracking any hot spots but the bay bridge ride drive times are holding at 18 to 22 minutes. the bridge was an early morning hot spot along the last several days and it has cleared out. the right to the san mateo bridge still
to the improving economy and high gas prices bart riders ship has skyrocketed more than 366 366,000 passengers each weekday last year. this year 391,000 per week day. >> the san francisco police department released a sketch of a man who attacked in the mission district-- at tacked a woman . >> the sketch of a suspect, to to sexually assault a 31 year old woman back in january 6th. >> just before 3 in the morning, the woman was walking down to their street for church, when a man lunged at her grabbing her head bring to the ground. >> he described as an asian or hispanic male, 25 years of age, with the buzz haircuts and is light beard. >> the san mateo county narcotics task force arrested a man who officials say is suspected of selling illegal firearms out of his house and car. >> police arrested antonio infante that is all on spears avenue on friday. >> he is a convicted felon, which prohibits them from owning a firearm. >> police recovered to revolvers, one semi- automatic handgun and and sks assault rifle. that is what you're looking at here. what bart is also recovered hundreds of rounds of ammun
the economy. on wall street. the dow soared 84-points to close just shy of 13- thousand-600. the nasdaq jumped up 18- points. and the s-and-p-500 gained eight points. to close at another five-year high. chav >> jacqueline: we did see some temperatures in the 50s and 60s. this unseasonably warm weather will continue for the weekend. temperatures are still chilly in some areas. 30's with upper 30's as we go towards the weekend. low 40's. for the afternoon highs, plenty of 60s. through the weekend and as we see this area of high pressure. it is well to the north. no rain for several days. this will stay intact for wednesday of next week. we will enjoy mild temperatures and still some areas that are chilly. santa rosa, in napa. 28 in fairfield. we could see freezing fog again. temperatures are going to certainly reflect that with concord, pleasanton. freezing, below freezing. take a look at the bay shores. nearly 40's. and for the south bay. 434 san francisco tomorrow morning. it will be warming up tomorrow, 43-4 san francisco. and campbell. san jose, for the inland valleys it will be mainly in th
optimistic about the economy. >> here is a look at the closing numbers. the dow soared 84 points to close to shy of 13,600. the nasdaq jumped up 18 points. and the s&p 500 gained a point to close at another five year high. >> we will have more at the opening bell at 6:30 a.m.. >> toyota motor co. says, it has settled what is to be the first of hundreds of lawsuits claiming the deaths and injuries were caused by problems in toyota vehicles. >> the problems sudden an unintended acceleration in toyota vehicles. the company reached an agreement in the wrongful death case, brought by the family of paul van alfen. and charlene jones lloyd. >> there were killed when their toyota camry slammed into a wall in utah back in 2010. the van alfen case was to be the first of hundreds tried. >> yelp is going to start displaying health inspection information about restaurants, bars, and cafes on its review side. >> san francisco will be the first city in the country to post a new health stores are yelp. >> so how restaurantare restaurn san francisco reacting to the news that their health inspection rating
Search Results 0 to 8 of about 9